Sponsorship during the pandemic - how to effectively manage them

The mobilization of companies that have announced sponsorships and donations to help the Romanian state in the fight with COVID-19 is remarkable. Firms can recover some of this aid in the form of a reduction from the profit tax payment, in proportion of 20% of the tax (but not more than 0.75% of the turnover).

For more information, please see the Romanian version of the article, here.